Vishnusurya Projects and Infra Limited — Important, 21-11-2024: Updates

Vishnusurya Projects and Infra Limited has entered into a Memorandum of Understanding (MoU) with NTPC GE Power Services Private Limited to collaborate on engineering, procurement, construction, operation, maintenance, and advisory services for power sector projects. This partnership aims to leverage the strengths of both companies in exploring and identifying opportunities in EPC and Operations & Maintenance through joint bidding efforts. The arrangement will be structured under a Consortium/Joint Venture Agreement, with specific terms to be mutually agreed upon for each project. This development could enhance the company’s project pipeline and market position in the power sector. Investors should watch closely for future updates regarding potential projects stemming from this collaboration.